January’s consumer price index exceeded expectations, leading to diminished hopes for multiple Federal Reserve rate cuts.

The heads of both the House and Senate banking committees introduced a Congressional Review Act resolution to undo the ...

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

House Financial Services Committee Chair Rep. French Hill, a Republican from Arkansas, began Wednesday’s hearing by ...

The White House plans to nominate Jonathan McKernan, a former member of the Federal Deposit Insurance Corporation, as ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...

Jonathan McKernan has been nominated to lead the Consumer Financial Protection Bureau, which has been in turmoil for days and has fired a number of probationary employees.

House Republicans on Wednesday released a blueprint they intend to use to advance President Trump’s legislative agenda, breaking through an impasse that had stymied the conference for days. The ...

CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...

After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...